In fact, this is all a hoax, you know. There were several extremely popular books published in nineteen century that popularized the myth of buried pirate treasure. Mind you, these books were written by great authors and they still excite minds of the children and grown-ups. Naturally, we are talking about nobody else, but Edgar Allan Poe, Washington Irving and Robert Louis Stevenson!
All three famous writers separately learned about one and only one story about buried pirate treasure. It seems that for all those centuries there was only one more or less verifiable story that some pirate buried part of his treasure. It was infamous William Kidd, a.k.a. Billy the Kid. He was an English privateer who went astray. He did not want to die on the gallows for all his sins, so as story goes, he hid some of his wealth on Long Island before sailing to New York. That hidden stuff was his bargaining chip in negotiations with authorities. But this did not work, they hanged Billy the Kid by the neck for piracy.
As far as I know, nobody found Kidd's treasure on Long Island yet. But as a result, we have great fiction stories: Treasure Island, The Gold-Bug and Wolfert Webber written by the authors mentioned above.
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